The Global Alternatives Survey, produced in conjunction with the Financial Times, follows trends in the investment of alternative assets by institutional investors around the world and provides authoritative rankings of investment managers in the main alternative asset classes. In previous years these included real estate; private equity fund of funds; fund of hedge funds; infrastructure and commodities but now, in its ninth year, also includes direct hedge fund and private equity managers. In the past the report focused exclusively on pension funds’ use of alternatives assets, but now includes data for Sovereign Wealth Funds, Insurers and Endowments & Foundations in an attempt to gauge how various institutional investors are investing in alternative assets.
The research contains information from 493 investment managers comprising 110 in hedge funds, 84 in private equity, 89 in real estate, 69 in fund of hedge funds, 59 in private equity fund of funds, 29 in commodities and 53 in infrastructure. It shows that alternative assets managed on behalf of institutional investors by the world’s largest investment managers total US$3,136 billion, while total assets under management for these managers is US$4,871 billion.